MIDTERM: Pistaym, WW2 and the Japanese Occupation

Question 1

Pistaym

Answer 1

• peacetime
• The commonwealth period, according to elders, was a prosperous period. Goods were very cheap.
• This idea of peacetime is predominantly caused by People becoming nostalgic when their present situation is not stable

Question 2

Payne-Aldrich Act

Answer 2

• An act that reduced the overall tariff imposed on US and Philippine products by as much as 5 percent.
• Created a monopoly between the Philippines and the United States.
• This trained Filipinos to be consumers rather than producers
• we did not industrialize
• we would sell raw materials to other countries, and then they will sell a finished product to us at a higher price.

Question 3

Key Exports of the Philippines

Answer 3

1. Abaca (Manila Hemp, Bicol + Davao Region)
2. Sugar (Central Luzon + Negros)
   - highest demand
3. Coconut (Bicol + Eastern Visayas)
4. Tobacco (Ilocos Region)